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October 11, 2006


Steve Jobs: backdating criminal?

Holman Jenkins points out in today's WSJ that Jobs was just doing the same thing that the so-called backdating criminals at Brocade and Comverse were doing -- aggressively recruiting top talent in a difficult market. I discuss what this says about the perils of criminalizing agency costs.

Posted by Larry Ribstein at 09:14 AM | TrackBack (0)



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Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.